The Telugu Desam Social gathering (TDP) has alleged that the industries sector has touched the rock-bottom degree in Andhra Pradesh beneath the YSR Congress Social gathering (YSRCP) rule. 

In an open letter to Chief Minister Y.S. Jagan Mohan Reddy on November 2 (Tuesday), TDP Polit Bureau member Yanamala Ramakrishnudu stated that Andhra Pradesh was caught in a deep monetary disaster.

“A reverse progress has set in. There are not any investments. The industries and repair sectors, which had witnessed great progress through the TDP regime, at the moment are within the doldrums”Yanamala RamakrishnuduTDP Polit Bureau member

“A reverse progress and large-scale unemployment have set in. There are not any investments. The industries and repair sectors, which had witnessed great progress through the TDP regime, at the moment are within the doldrums,” stated the previous Finance Minister.

With the State authorities adopting ‘harmful insurance policies’, he alleged, there have been neither new investments within the State nor employment technology. “The industries which can be prone to be arrange in Andhra Pradesh are transferring out of the State as a result of failure of the legislation and order. Investments price over ₹17 lakh crore have been moved out of Andhra Pradesh to the neighbouring States, together with the Kia affiliated items to Chennai and Hyderabad,” stated Mr. Ramakrishnudu.

He instructed that Mr. Jagan Mohan Reddy ought to look at all these points and take corrective measures to assist the State transfer ahead.